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Why does the us import oil? because it does not produce any oil at all because it needs higher quality oil than it produces because it has exported too much oil to nearby countries because it is cheaper to import oil than to produce it

Respuesta :

Answer:Because it is cheaper to import oil than to produce it

Explanation:i just took the quiz and got it right :) edg2022

abidemiokin

US import oil because it is cheaper to import oil than to produce it

What is importation?

Importation is a way of bringing in goods and services from neighbouring country into your country.

Countries import because it helps them to supply high cost and scarce resources to its market with products from other countries at a very cheap rate.

Hence we can conclude that US import oil because it is cheaper to import oil than to produce it.

Learn more on importation here: https://brainly.com/question/24473707

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